Story: Dishonesty crime

White-collar-crime victims

White-collar-crime victims

Clients and creditors of the collapsed Upper Hutt law firm Renshaw Edwards meet on 13 April 1992. Patrick Renshaw was jailed for seven years in July 1992 after stealing $6.4 million of clients' money. He was freed in March 1995. His partner Keith Edwards was jailed for six years for stealing $3.5 million, and was freed in August 1994. Strangely, neither partner knew the other was also stealing. By 1997, $29 million had been paid out to victims. The money was raised by a special levy on the country's 2,800 senior lawyers, with each having to pay $10,000.

Using this item

Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference: EP/1992/2240

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

Carl Walrond, 'Dishonesty crime - White-collar crime', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/31191/white-collar-crime-victims (accessed 22 November 2018)

Story by Carl Walrond, published 5 May 2011, reviewed & revised 2 Nov 2018 with assistance from Greg Newbold